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Scilab VS Quandl - Financial Data API

Compare Scilab VS Quandl - Financial Data API and see what are their differences

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Scilab logo Scilab

Scilab Official Website. Enter your search in the box aboveAbout ScilabScilab is free and open source software for numerical . Thanks for downloading Scilab!

Quandl - Financial Data API logo Quandl - Financial Data API

Financial Services
  • Scilab Landing page
    Landing page //
    2023-02-10
  • Quandl - Financial Data API Landing page
    Landing page //
    2021-10-18

Scilab features and specs

  • Open Source
    Scilab is free and open-source software, allowing users to access the source code and modify it to suit their needs without any cost.
  • Extensive Mathematical Functionality
    Scilab provides a wide range of mathematical functions and capabilities for numerical computation, making it suitable for a variety of scientific and engineering applications.
  • Toolboxes and Modules
    It offers various built-in toolboxes and modules for specialized tasks, such as signal processing, control systems, and optimization, expanding its functionality.
  • Cross-Platform Support
    Scilab runs on different operating systems, including Windows, macOS, and Linux, providing flexibility for users working in diverse environments.
  • Strong Community Support
    A large and active user community means that users can find plenty of support, tutorials, and third-party contributions, easing the learning curve.
  • Integration Capabilities
    Scilab can be easily integrated with other software and tools, such as Modelica for modeling and simulation, enhancing its versatility in different workflows.

Possible disadvantages of Scilab

  • Performance
    Scilab may not be as performance-optimized as some other numerical computation software, like MATLAB, especially for very large datasets or highly complex calculations.
  • Learning Curve
    While Scilab is powerful, it can be challenging for beginners to master due to its extensive functionality and the need to learn its scripting language.
  • Less Commercial Support
    As open-source software, Scilab does not offer the same level of commercial support or extensive professional resources that are available for some paid alternatives like MATLAB.
  • Documentation Quality
    Although Scilab has a lot of documentation, some users find that it lacks depth or clarity compared to other software, making it harder to find thorough explanations or examples.
  • Graphical User Interface
    The graphical user interface (GUI) of Scilab is not as polished or user-friendly as that of some competitor tools, which can impact user experience.
  • Compatibility Issues
    Interoperability with MATLAB can be limited, potentially causing issues when porting code or collaborating with MATLAB users.

Quandl - Financial Data API features and specs

  • Comprehensive Data Coverage
    Quandl's Financial Data API offers a wide range of financial and economic datasets, including stock prices, commodities, futures, currencies, and macroeconomic indicators. This makes it versatile for various research and analysis needs.
  • User-Friendly Interface
    The API is designed to be developer-friendly with clear documentation and easy-to-use endpoints, enabling users to quickly integrate and start accessing data.
  • Wide Range of Data Sources
    Quandl aggregates data from numerous sources, including Nasdaq, central banks, and economic institutions, providing users access to information that might otherwise require multiple subscriptions.
  • Data Customization
    Users can access data in various formats (XML, JSON, CSV) and utilize it within different programming environments, enhancing data processing and integration flexibility.
  • Regular Data Updates
    Quandl ensures that the data is consistently updated, offering real-time or near-real-time data for more accurate and timely analysis.

Possible disadvantages of Quandl - Financial Data API

  • Cost
    Accessing Quandl's premium datasets can be expensive, which might be a limitation for individual users or small businesses with tight budgets.
  • Dataset Availability
    While Quandl offers a wide range of data, some highly specialized or niche datasets might not be available, potentially limiting its usefulness for specialized research.
  • Data Limitations for Free API
    The free API tier offers limited access to data, meaning users may need a subscription for comprehensive data access and advanced features.
  • Integration Challenges
    Despite a user-friendly API, integrating data from different sources and updating scripts for dataset changes can be complex and time-consuming.
  • Dependency on Data Providers
    Quandl's accuracy and availability are dependent on its data providers. Any delay or error in data provision from these providers can impact the overall reliability of Quandl's API.

Analysis of Scilab

Overall verdict

  • Overall, Scilab is a robust and cost-effective alternative to other commercial numerical computation software. Its strengths lie in its flexibility and the support of a large community of users and contributors.

Why this product is good

  • Scilab is considered good by many due to its open-source nature, comprehensive capabilities for numerical computations, and its extensive community support. It offers a wide range of mathematical functions for engineering and scientific applications and is particularly favored for its ability to handle complex data analysis and simulations. Additionally, its compatibility with MATLAB code and its powerful graphical capabilities make it a versatile tool for developers and researchers.

Recommended for

    Scilab is recommended for engineers, scientists, and educators who require a powerful computational tool without the associated costs of commercial software. It is also suitable for students and researchers who are looking to perform complex mathematical modeling and simulations.

Scilab videos

+ Add

Scilab IPCV 1.2

More videos:

  • Review - Raspberry Pi for Computer Vision with Scilab
  • Review - Tone Recognition with Scilab and LabVIEW to Scilab Gateway

Quandl - Financial Data API videos

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Category Popularity

0-100% (relative to Scilab and Quandl - Financial Data API)

Scilab

Quandl - Financial Data API

Technical Computing
100 100%
Technical Computing
0% 0
Currency Exchange
0 0%
Currency Exchange
100% 100
Numerical Computation
100 100%
Numerical Computation
0% 0
Finance
0 0%
Finance
100% 100

User comments

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Reviews

These are some of the external sources and on-site user reviews we've used to compare Scilab and Quandl - Financial Data API

Scilab Reviews

25 Best Statistical Analysis Software
Scilab is a powerful, free, and open-source software widely used by researchers, students, and professionals in various fields such as engineering, mathematics, physics, and more.
Source: www.scijournal.org
7 Best MATLAB alternatives for Linux
The syntax of Scilab is similar to MATLAB it also provides a source code translator to convert MATLAB code to Scilab.
Source: cyanogenmods.org
Matlab Alternatives
Scilab is an open-source similar to the implementation of Matlab. The approximation techniques known as Scientific Computing is used to solve numerical problems. To achieve this, the team of Scilab developers made use of Solvers and algorithms to build the algebraic libraries. Scilab is one of the major alternatives to Matlab along with GNU Octave.
Source: www.educba.com
10 Best MATLAB Alternatives [For Beginners and Professionals]
Scilab has 1700 mathematical functions for engineering applications and data analysis. You can also use Scilab to solve various constrained and unconstrained problems such as shape and topology optimizations etc.
Source: thetechtop10.com
4 open source alternatives to MATLAB
Scilab is another open source option for numerical computing that runs across all the major platforms: Windows, Mac, and Linux included. Scilab is perhaps the best known alternative outside of Octave, and (like Octave) it is very similar to MATLAB in its implementation, although exact compatibility is not a goal of the project's developers.
Source: opensource.com

Quandl - Financial Data API Reviews

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What are some alternatives?

When comparing Scilab and Quandl - Financial Data API, you can also consider the following products

MATLAB - A high-level language and interactive environment for numerical computation, visualization, and programming

VisualHFT - Explore VisualHFT for unparalleled real-time market analytics and trading surveillance. Gain deep insights into market microstructure, identify hidden market trends, and monitor your trading infrastructure with precision.

Wolfram Mathematica - Mathematica has characterized the cutting edge in specialized processing—and gave the chief calculation environment to a large number of pioneers, instructors, understudies, and others around the globe.

Plaid - Infrastructure that powers financial technology by enabling applications to connect with users' bank accounts.

GNU Octave - GNU Octave is a programming language for scientific computing.

Bank Account Starter API - This API enables users to open a 360 Savings Account or a 360 Money Market Account.

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